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Oil at $70/barrel already a reality for some as Asian premium bites - Reuters
Reuters | Oil at $70/barrel already a reality for some as Asian premium bites Reuters SINGAPORE (Reuters) - The rising demand for crude oil that can more easily produce transportation fuels when refined has some Australian and Malaysian producers boasting cargoes valued at close to $70 a barrel, a hefty premium to global benchmarks. Oil is breaking out, but can the momentum last? Is $60 Oil Too Tempting For OPEC? | OilPrice.com |
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